An announcement from Alianza Minerals ( (TSE:SNAG) ) is now available.
Silver North Resources Ltd. announced a non-brokered private placement to raise $1,500,000, which will be used to advance its Haldane Silver Project in the Yukon Territory. The project has shown promising results with the discovery of parallel silver mineralized veins, and the funds will support further exploration activities, including geophysical surveys and additional drilling. The company’s Tim project, under option to Coeur Mining Inc., is also progressing, with pending analytical results from a recent drill program. This financing move is expected to bolster Silver North’s exploration efforts and strengthen its position in the silver mining sector.
More about Alianza Minerals
Silver North Resources Ltd. operates in the mining industry, focusing on silver exploration and development. The company is engaged in advancing projects such as the Haldane Silver Project in the Yukon Territory and the Tim project, which is under option to Coeur Mining Inc. Silver North aims to explore and develop high-grade silver deposits, leveraging its geological expertise and strategic partnerships.
YTD Price Performance: 11.11%
Average Trading Volume: 45,959
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$4.77M
See more data about SNAG stock on TipRanks’ Stock Analysis page.